Social Classes in the Great Gatsby Essay - 3919 Words

1.Introduction F. Scott Fitzgerald is famous as one of the greatest authors of the twenties. He is referred to as a member of the Lost Generation. His books deal with the idealism and the disillusion of the post-World-War-1 decade and also with the struggle of the American society to find spiritual happiness and material wealth (Di Bacco 525). Long describes Fitzgerald as central to the American twenties or historian of the golden twenties. He names the Jazz Age (177). In his novel The Great Gatsby Fitzgerald describes the social circumstances in the USA in the 1920s with typical representatives of in this time existing social classes in the post-war decade. Wilson can be seen as a representative of the poor people of those†¦show more content†¦The only weak moment the reader witnesses is when he learns that Myrtle has been killed. Nick records his reaction: In a little while I heard a low husky sob, and saw that the tears were overflowing his face. `The God damned coward!#8242; he whimpered. `He didn#8242;t even stop his car.#8242; (Fitzgerald 148) But that is altogether how the narrator sees him; Tom sees himself as a refined person, who believes to know about the superiority of the Nordic race, who is standing alone on the last barrier of civilization and has to defend family life and family institutions(Fitzgerald 136). But he fails to see that his own adultery endangers such values and that his social strength only derives from his family#8242;s wealth. Nevertheless, Tom strikes Nick as not being able to be content with what he possesses, as he feels that Tom will drift on forever seeking, a little wistfully, for the dramatic turbulence of some irrecoverable football game. (Fitzgerald 12) Daisy Fay was born into a wealthy family in Louisville, Kentucky. She is eighteen years old and already drives a roadster, one of the best type of cars in those days. Unlike her husband, Daisy is not that self-conscious. All that she wanted to achieve was a wealthy life,Show MoreRelatedExamples Of Social Classes In The Great Gatsby1381 Words   |  6 PagesGreat Gatsby Essay At the surface level, The Great Gatsby is most renowned for the tragic love story of Jay Gatsby and Daisy. However, despite this popular understanding, it is rare to find an analysis of the underlying reasons behind their failed romance. In society, social class is a commonly used dividing factor that separates people based on income. In a similar way, the main characters of The Great Gatsby are divided into the following social classes; the old money, the newly- rich and theRead MoreSocial Class Distinction in Fitzgeralds The Great Gatsby Essay780 Words   |  4 PagesHave you ever thought of how social and economic classes work into a capitalist system? Marxists believe that different social and economic classes should be equal. In the book the â€Å"Great Gatsby† written by F. Scott Fitzgerald these classes are very much defined and show the flaws and reality of how social and economic classes are viewed through Marxists. Viewing the classes through vulgar Marxists the cha racters attempting to climb social and economical ladders in the book are not accepted and rejectedRead MoreSocial Class : The Great Gatsby, Conflicts And Relationships1176 Words   |  5 Pages Social Class is Everything In today’s society, social class plays a large role in who is with who. Celebrity couples and weddings are very commonplace, but the rich and famous rarely marry those who are of the middle, or lower class. If it does happen though, it is usually a rich, older man marrying a young, beautiful woman. This would usually not happen unless the older man was rich, and these relationships do not usually last very long. Along with this, some people in foreign countries still practiceRead MoreThe Great Gatsby By F. Scott Fitzgerald1704 Words   |  7 PagesFitzgerald illustrates class structure in the book The Great Gatsby through the different characters in different social classes. Fitzgerald gives settings that correspond with the social classes of the characters to better illustrate what environment he placed each character in. The Buchanan’s, Gatsby, and the Wilsons are examples of the different conflicting social classes Fitzgerald lays out for his readers. Rosanne Tomyn in the article, Changes in Social Class in America in the 1920s, States â€Å"the UnitedRead MoreThe Great Gatsby, by F. Scott Fitzgerald Essay1107 Words   |  5 PagesIn the novel The Great Gatsby by F. Scott Fitzgerald, Fitzgerald writes about the distinctions between the social classes and status during the twentieth century. Fitzgeralds novel takes place in the 1920s after World War 1, which was a time of excess and wealth. The roaring 20s set a perfect stage for Fitzgerald to use setting to explain the differences between the three social classes in his book. Fitzgerald shows the contrasting features between the West and East Egg in New York. FitzgeraldRead MoreThe Great Gatsby By George Orwell1539 Words   |  7 PagesFight Club is the modernised version of The Great Gatsby, when he refers to it as ‘just The Great Gatsby updated a little’. We see when we compare the novels that culture and values have evolved but themes and issues challenging society in the 1920’s world of The Great Gatsby, are still present seventy years later in the 1990’s world of Fight Club. The Great Gatsby is about America’s decline and the fall of the American dream with the struggle of the classes, and Fight Club is the continuation of thisRead MoreThe Great Gatsby And The Roaring Twenties1131 Words   |  5 Pagesdecade that roared with social amends† it was often referred to as the Roaring Twenties. Two famous literature pieces are very similar connecting key events and issues from this time period. F. Scott Fitzgeraldà ¢â‚¬â„¢s The Great Gatsby and Ken Allen’s â€Å"Roaring Twenties† both utilize conflict, foil and symbolism to help the readers acknowledge the influence of class and money over the characters during the Roaring Twenties. Conflict is a recurring struggle throughout The Great Gatsby and Ken Allen’s â€Å"RoaringRead MoreSocial Classes And The Lost Generation1343 Words   |  6 PagesBritton Hayman English Composition 3 10/15/15 Social Classes and the Lost Generation The Great Gatsby (2013), based on Fitzgerald’s 1925 novel, focuses on a relationship between a man and a woman who belong to different social classes in the 1920s. They are members of the Lost Generation, those in their 20s and 30s in the years immediately following World War I, and spent their lives searching for purpose. The Lost Generation grew up during the war, when most Americans were supporting the war effortRead MoreThe Great Gatsby By F. Scott Fitzgerald1674 Words   |  7 PagesThe Great Gatsby by F. Scott Fitzgerald is a novel that was published in 1925 which was a period known as the â€Å"roaring twenties†. During this period, America was witnessing a post war euphoria that was a companied by prosperity, glamour, self-indulgence and excessive consumption (Bloomfield, p. 17). According to Bourdieu, America at that time was going through a gaudiest spree in history that was characterized by a lot of social change and mobility (p.2). For example, the stock ma rket was gettingRead MoreSocial Class Within The Great Gatsby By F. Scott Fitzgerald1146 Words   |  5 PagesSocial classes in The Great Gatsby In today’s society many things revolve around your social class, and is that the way things should be? How big of a house you live in, what type of clothes you wear, how much money you have, are all questions that come into effect in today’s world. In the novel The Great Gatsby the theme of social class comes into effect quite often. All of the characters constantly pretend to be someone they are not just trying to be noticed by society. The author F. Scott Fitzgerald

The Allegory Of The Cave Essay - 975 Words

Iakovos Vasiliou, an associate professor of philosophy in Brooklyn College, once said â€Å"The only thing we know for certain is that nothing is certain.† This is the main philosophy behind both Plato’s â€Å"The Allegory of the Cave†, and the renowned sci-fi movie â€Å"The Matrix.† Both works deal with escaping a false reality while unveiling a real one. In Plato’s â€Å"The Allegory of the Cave†, the escaped prisoner synonymous to the character Neo in â€Å"The Matrix†, exhibiting a shared theme behind both plots. Socrates suggest that with effort, all that is beautiful and right can become visible or apparent to the prisoner, where as in The Matrix, Neo is called to a similar fate, under the premise that the zenith of existence for both the prisoner and Neo is enlightenment. When Morpheus first meets Neo he explains to him â€Å"You are a slave neo, like everyone else you were born into the bondage, born into a prison that you ca nnot smell or taste or touch. A prison, for your mind.† When Neo’s is called to wake up on the computer he is completely confused, just like the prisoner is when he escapes the cave and sees light for the first time. The prisoners in the cave don’t know or think they are prisoners; the cave is the only reality that they’ve ever known. Plato defines this reality as ignorance because they don’t know the totality of life or knowledge, although they make dogmatic claims about their perceptions of the world as true. When Morpheus offers Neo the choice between the blue pillShow MoreRelatedThe Allegory Of The Cave1086 Words   |  5 PagesExplain the allegorical significance(s) of the cave in Plato’s Republic. How is the cave an allegory of Plato’s philosophy? How is the allegory of the cave an allegory for enlightenment or philosophical education? How and why are most human beings like prisoners in a cave? Who are the puppeteers? What does the world outside the cave represent? What does the sun represent? Etc. What is Plato’s Theory of the Forms? What is a Form? How does the allegory of the cave express Plato’s Theory of the Forms? HowRead MoreThe Allegory of the Cave907 Words   |  4 Pagesman follow the law, and how do implications of society affect our behavior. The most interesting topic from the Republic is from Book VII, the allegory of the cave. With the allegory of the cave Plato gives us the power to break the chains that bind us down and leads us to see the light. In the allegory of the cave Plato sets the scene with humans in a cave that have been chained since childhood so they are restricted from moving and looking around the room. These people only see the shadows castedRead MoreThe Allegory Of The Cave1382 Words   |  6 Pageshis most intricate, yet his most important figure: the Allegory of the Cave. Socrates calls on the interlocutors to imagine a dimly lit cave in which a group of prisoners are chained behind a wall in such a way that they cannot move and are forced to stare at a wall all day. Thanks to a small fire, the prisoners are able to see the shadows of their imprisoners and images their imprisoners projected on the wall. Having always been in the cave, the prisoners believe the shadows are true; similarlyRead MoreThe Allegory Of The Cave1307 Words   |  6 Pagesthe Allegory of the Cave there are prisoners are chained up together in which they are all facing the back wall. There is a firing behind the prisoners and the onl y thing that they can see are the shadows of the people behind them. The fire casts shadows on the wall so this is the only thing that they see. Their entire lives have been based on these shadows on the wall. These prisoners have been chained up since birth, so what they see on the walls is all they know. In the Allegory of the Cave, theyRead MoreThe Allegory Of The Cave905 Words   |  4 PagesIn the allegory of the cave Plato tries to show us two scenarios where the prisoners experience emotional and intellectual revelations throughout their lives. Plato’s theory was that the ones who truly understand knowledge should guide the ignorant people out of their unenlightened states of being and into true knowledge. The cave symbolizes the people who think that knowledge come from what they see and hear in the world. It also indicates people that make assumptions about life based on the substantialRead MoreThe Allegory Of The Cave Essay2021 Words   |  9 Pagesrecognizable im age of Plato’s Republic, the message of the allegory of the cave is present not only in Book VII, but throughout the entire dialogue. Plato-as-Socrates uses the allegory to express his views on philosophy’s role in his city of speech which is later shown more deeply with the five regimes in Book VIII. The cities in the five regimes undergo a degradation as philosophy moves further and further away from the ruler; which also mirrors the cave. Plato reveals his belief that the city and philosophyRead MoreThe Allegory Of The Cave Essay1660 Words   |  7 Pages 3. Explain how the Allegory of the Cave represents Plato’s views about the nature of knowledge and the nature of reality. In the Allegory of the Cave there are chained prisoners in cave who can only stare at the cave wall in front of them. At the back there is a long entrance with a staircase the width of the cave and a fire burning in the distance. They see only shadows projected in front of them from a raised platform and hear an echo that they attribute to what they observe. They talk aboutRead MoreThe Allegory Of The Cave1619 Words   |  7 PagesIn his allegory of the cave, Plato describes a scenario in which chained-up prisoners in a cave understand the reality of their world by observing the shadows on a cave wall. Unable to turn around, what seems to be reality are but cast shadows of puppets meant to deceive the prisoners. In the allegory, a prisoner is released from his chains and allowed to leave the cave. On his way out, he sees the fire, he sees the puppets, and then he sees the sun. Blinded by the sunlight, he could only stare downRead MoreThe Allegory Of The Cave Essay718 Words   |  3 PagesThesis Allegory of Cave First what is perception and ignorance? Let us define perception as one’s view of life through rationalization of the external world and ignorance as an assumption without proof and contemplation. In the â€Å"Allegory of The Cave†, Plato uses Socrates to explain different types of people, one who sees the physical realm accepting ideas as they form and one who lives in knowledge realm by questioning those ideas. People of the knowledge realm are obligated to helps those in theRead MoreThe Allegory Of The Cave870 Words   |  4 Pages I had an experience that each represents the symbol towards the Allegory of the Cave. My childhood was mostly in Jamaica where I lived with my father for two to three years. I can relate to the symbols from the Allegory of the Cave. I was a prisoner in his house because I wasn’t allowed to leave the house. The chains on my hand represents me being a prisoner in the house. After dark every night I would be all by myself scared. I was 15 years old at the time and Jamaica wasn’t a place that

The Sociological Perceptions Of Health And Illness

The aim of this essay is to describe the term health and to outline the sociological perceptions of health and illness. This essay also discusses about the various patterns of health inequality within society, and to evaluate the different perspective and views of health within our society. It will also provide a brief analysis of two different starts to the study of health and illness. This essay will then move on to examine different health pattern which are gender, ethnicity and class. Health has always been the dominant factor of the society. Sociological investigation into health has been one of the recurring themes of the discipline. The state of health is very important to all and people spend a lot of money trying to stay healthy.†¦show more content†¦The sociological view, points out that our operating society plays a role in sickness and assumes that an acting society depends upon healthy people and on controlling illness (Grol et al., 2013). The biomedical model i s the most dominant theory in modern western medicine of health, it has been held by many official health practitioners such as doctor, surgeons and consultants. The biomedical model presumes that the illness is always due to abnormalities in the body. The theory of this is if a part of the body goes wrong it should be fixed or replaced, in the same way the machine is repaired. It takes the simplest possible cause of the illness and supplies to the simplest cure. The biomedical model is to lessen the number of morbidity and early morality deaths. In this model, it focuses on the part of the body, which work together to make sure that they have a good healthy body (Bowling, 2014). It focuses on the actual person, rather than focusing on the social and emotional process of the individual. It focuses on the risk rather than the avoiding. In contrast with the biomedical model, which pictures illness as mechanical malfunctions, Parsons described the fixed role as a temporary medically sa nction form of abnormal behavior. Parsons used his idea from Freud’s psychoanalytic theory, the idea that a sick person has aShow MoreRelatedBiomedical Model And Social Model Of Health1669 Words   |  7 Pagesbiomedical model and social model of health, and see how the two relate to Lay perspective on health and illness. AccordingHealth can be viewed as the state of being fit and well, as well as a state of mental sanity (WHO 2005). According to Blaxter (2004), if a person can perform daily functions such as going to work, taking care of the household, etc he/she is considered healthy. Many studies have found that lay people define health as the absence of illness, However being healthy means differentRead MoreMedical Sociology Is Usually Referred To As The Sub Branch1539 Words   |  7 Pages Medical sociology is usually referred to as the sub branch of sociology that explores and analyses the social causes and subsequent outcomes pertaining to health and illness (Cockerham, 2014). In this context mention may be made of the health status of individuals and populations that are not uniform and consistent thereby leads to inequity. The factors governing these disparities do not necessarily emanate from the genetic predispositions of the concerned person but is largely dependent upon factorsRead MoreT he Stigma Of Mental Illness Essay1243 Words   |  5 PagesMental illness has dated back as far as anyone can remember it was first documented as an illness by 5th century B.C., Hippocrates when, â€Å"He was pioneering and treating mentally ill people with techniques not rooted in religion or superstition; instead, he focused on changing a mentally ill patient’s environment or occupation, or administering certain substances as medications (Unite for Sight, 2016). This was unheard of since then and now most cultures believe that mental illness is a demonic punishmentRead MoreDisability Term Paper1491 Words   |  6 PagesRosario Student # 700316 Central Texas College For Partial Fulfillment of the Requirement for SOCI 1301 Introduction to Sociology Submitted to Dr. Duffy December 7, 2010 INTRO TO SOCIOLOGY 2 INTRODUCTION This paper demonstrates that hitherto sociological analyses of disability have been theoretically and methodologically inadequate. It is written that sociology, in common with the other major contemporary disciplines, has accepted almost without question the legitimacy of the individualistic biomedicalRead MorePsychological And Social Influences On Smoking Behaviour1202 Words   |  5 Pages PSY101 Psychosocial Aspects of Health and Wellbeing Year 1, Semester 2. Coursework 1: Psychological and social influences on smoking behaviour Yinka Oladokun B00669560 B.Sc. Hons Psychology Introduction Smoking is a particularly common and intractable addictive disorder and is the leading preventable cause of many preventable chronic illnesses and death, responsible for approximately six million annual mortalities Yet, despite the well documented consequences of smoking, despiteRead MoreEssay on Indigenous Health Care1568 Words   |  7 Pagesindigenous communities. It will define health, comparing the difference between indigenous and non- indigenous health. It will point out the benefits and criticism of the Biomedical and sociological models of health, and state why it is important in healthcare to be culturally competent with Transcultural theory. The case study of Rodney will be analyzed to distinguish which models of health were applied to Rodney’s care, and if transcultural theory was present when health care workers were dealing withRead MoreNursing Theorists1685 Words   |  7 PagesCure 16. Joyce Travelbee - Human-To-Human Relationship Model 17. Margaret Newman - Health As Expanding Consciousness 18. Katharine Kolcaba - Comfort Theory 19. Rosemarie Rizzo Parse - Human Becoming Theory 20. Ernestine Wiedenbach - The Helping Art of Clinical Nursing   1. Florence Nightingale- Environmental Theory * First nursing theorist * Unsanitary conditions posed health hazard (Notes on Nursing, 1859) * 5 components of environment * ventilation,Read MoreExplain How Sociological and Lay Ideas About Illness Differ from Those of Biomedicine.1927 Words   |  8 PagesExplain how sociological and lay ideas about illness differ from those of biomedicine. Health is a giant wheel subject with several aspects and it is nearly impossible to explain wellness and health without considering the aspects of illness. And just as health is multi-faceted, illness, too, is studied in different perspectives. And that includes sociological, lay and biomedical concepts. Sociological Perspectives of Illness: In sociological terms, a functioning society is based on the well-beingRead MoreThe Psychology Of Mental Illness1410 Words   |  6 Pagesgoes hand in hand with mental illness, as people who are considered mentally ill will then be considered as deviant, since it is contemplated not a norm. Sociologists have paid close attention to different concepts of mental illness and how it fits in with sociology. The focus on women and the idea of mental illness is a fairly new phenomenon and a lot of research and models have taken place by sociologists throughout time to find out why women experience mental illness more than men. Social causesRead MoreNursing Is A Calling, A Lifestyle, And A Passion. Becoming1713 Words   |  7 Pagesthe patient’s physical well-being but their emotional, spiritual, and mental well-being. Nursing requires us to recall that we are human and to recognize so is everyone else. Without exception, every person is affected by their environment, their health, and their relationships with others including their nurse. Empathy is paramount in a nursing philosophy; the ability to place yourself in another’s shoes and determine the best course of action for optimal outcomes in their specific situation is

Crowd Funding

Question: Discuss about theCrowd Funding. Answer: Introduction: Crowd-funding is considered to be a type of crowd-sourcing wherein a business establishment raises money through contributions from a large number of people for funding a new project or a new business venture and this is often undertaken with the help of internet mediated registries. Apart from that this task is also accomplished through benefit events, mail-order subscriptions and other methods[1]. Crowd funding has emerged as an effective source of finance for the business establishments as business establishments are increasingly facing a lot of challenges for obtaining the necessary financial capital for expanding their business or starting up a new business venture. Conventional source of financing such as bank loans, venture capital or funding through angel investors are increasingly becoming quite tough and difficult for the business establishments as they come with a lot of riders and pre-conditions and this is one of the major reasons for the recent popularity and emergence of crowd funding as an effective source of business financing[2]. Crowd funding has been increasingly considered by the business establishments around the globe as an alternative form of financing due to the paucity of capital access. Crowd funding has proved to be particularly attractive to SMEs and entrepreneurs who are looking to raise their capital quickly because unlike the traditional debt financing it does not usually require the following: A comprehensive credit assessment or due diligence of an organisation; Any minimum securable asset base; or Extensive negotiations with financiers regarding financing or creating a formal finance documentation. However, there are a certain differences which exist between Crowd funding and Crowd sourcing and both of them are not exactly the same thing. In the words of Schwinbacher and Larraide[3], crowd sourcing helps a business establishment to outsource some of their specific tasks which are extremely vital for generating product sales in the market. It is considered to be an open call to the general public to contribute to their production processes by enabling them to deliver value to the customers[4]. This task is essentially undertaken by communicating and engaging with people over the internet. On the other hand, the crowd funding is often viewed as utilising the concept of crowd sourcing in order to obtain the necessary financial capital for funding a new business venture or a project (i.e. seeking financial support from the general population) or for the purpose of microfinance (wherein small amounts are contributed by many individuals with no collateral). There are various benefits which are being provided by crowd funding as compared to the traditional sources of business financing and this is the main reason for its apparent popularity among the business enterprises. The main advantage of crowd funding is the availability of a large number of consumers who are willing to voluntarily contribute a certain amount according to their capacity and ability[5]. This helps a business establishment to save a lot of time and money for their business and thus they are able to ensure their growth and success in the market. Moreover, the crowd of individuals which are funding their money within a new business project or venture could also share their views and insights regarding the any new business ideas which might help the business establishment to develop a competitive advantage in the market. This will invariably play a vital role in helping a small business establishment or a new business start-up which has a limited number of employees to reduce the time associated with the development of a new product or services[6]. Utilising crowd funding as a source of finance can bear rich dividends for an organisation when it comes to the marketing and popularising of their products and services. This is mainly due to the fact that having a committed and involved crowd at their disposal will invariably result in better acceptance of a product or service among the customers in the market and this will help an organisation to promote their product and service offerings in an effective manner. Thus, an organisation will be able to gain from the collective wisdom of the crowd and this will help in ensuring organisational efficiency and business productivity within an organisation. However, experts are having different opinions regarding the extent to which such collective wisdom could be provided by the crowd which could be utilised for ensuring the growth and success of a business entity in the market[7]. The process of crowd funding essentially stars with an entrepreneur posting a classified advertisement on popular crowd funding websites such as www.craiglist.com. In the advertisement the entrepreneur shares his ideas and visions regarding a business concept and requests the necessary funds from the crowd. Entrepreneurs usually pitch their business ideas to the general masses which includes a detailed business plan that describes the diverse business activities and objectives of the proposed business venture, and how the entrepreneur intends to utilise the funds that he/she is planning to raise from the market for ensuring the growth and success of the business venture[8]. The crowd funding platforms also inform the funders what returns will they be getting in exchange for the capital which they are contributing in a new business venture. This is usually done through a terms and condition sheet which mentions all the different aspects of the financial dealings. One example of a crowd funding venture in a commercial context is Star Citizen. This is a space combat video game which has been developed by Chris Roberts who is also the designer of the popular game Wing Commander. By April 19, 2013, Chris has been successful in raising a combined amount of $9,061,882 through Kickstarter and his own personal website. One example of a crowd funding venture in a social context is Restore King Chapel Now. Every Day Dollar Counts which is a charitable foundation that is working towards the restoration of the Martin Luther King Jr. International Chapel which is the only religious building that has been named after Martin Luther King Jr. The charitable foundation has so far raised a total amount of $5,048,213 for this purpose[9]. Despite the growing popularity of crowd funding as an effective source of finance across many global markets, Australia has taken a calculated and measured approach when it comes to crowd funding initiatives. Australia has been slow to recognise and adapt to this recent phenomenon. The regulatory bodies in Austrian markets such as Australian Securities and Investments Commission (ASIC) have proposed to apply the same existing regulatory frameworks to the crowd funding models[10]. The ASIC has issued a guidance in this effect in 2012 which included a number of factors such as the type of reward which is being offered to their investors in exchange for their financial contributions, the platform which is used for raising the funds, the investment scheme which is being utilised could be categorised as either a managed investment scheme, whether the fundraising has been done according to chapter 6D of the Corporations Act 2001 (Commonwealth). ASIC has stated that any crowd funding initiative for any specific purpose can be categorised under a managed investment scheme and thus they would also be subject to the underlined regulation which have been mentioned under chapter 5C of the Corporations Act 2001[11]. Under this act, a managed investment scheme is considered to be a scheme wherein money has been invested by people in order to acquire the rights to the prospective benefits which are being offered by a scheme[12]. When funding is obtained through a crowd-source then the apparent lack of any stringent regulations in case of crowd funding makes it compulsory that the funding scheme will be most likely to be classified as a managed investment scheme. Added to this, the onerous regulatory and compliance requirements which are associated with such schemes, it has become a necessity that the crowd funding models be incorporated within the existing definition of managed investment schemes which are presently in practice with in the Australian market[13]. In the year 2014, the Australian Corporations and Markets Advisory Committee (CAMAC) have published a report which recommended that it was high time that a specific regulatory regime must be implemented for CSEF in Australia. These recommendations played a vital role in protecting the interests of the funders who have invested their capital through the medium of crowd funding. The recommendations included the following: The creation of a new type of business entity which will be known as exempt public company which would specifically cater to the needs of the issuers of equity crowd funding. Ensuring a proper licensing of online intermediaries by the ASIC. Providing an investor cap of not more than $2500 for the individual investors to any particular issuer in any 12 months which should not total more than $10000 during the entire duration of 12 months. Providing an issuer cap of not more than $2 million on the total capital which has been raised through the crowd funding platform during any 12 month period. Bibliography Austin R.P. Ramsay, I., Ford's Principles of Corporations Law, Butterworths, Australia, 15th edition, 2012. Baxt, R., and Fletcher, K.L., Fridman, S., Corporations and Associations Cases and Materials on, Butterworths, Australia, 10th edition, 2008. Cassidy, J. Corporations Law Text and Essential Cases. Federation Press, 4th edition Sydney 2013 Ciro T, Symes C, Corporations Law in Principle LBC Thomson Reuters, Sydney, 9th edition 2013 Fisher S, Anderson C, Dickfos, Corporations Law - Butterworths Tutorial Series, 3rd Edition Butterworths, Sydney 2009 Hanrahan, P., Ramsay I., Stapledon G., Commercial Applications of Company Law. CCH 14th edition 2013 Harris, J. Corporations Law, LexisNexis Study Guide 2014 Harris, J. Hargovan, A.Adams, M.Australian Corporate Law LexisNexis Butterworths5th edition, 2015. Harris, J.Butterworths Questions and Answers Corporations Law:, LexisNexis, 4th Edition Sydney 2013. Li, G, Riley, S. Applied Corporate Law: A Bilingual Approach LexisNexis 1st Edition 2009. Parker, Clarke, Veljanovski, Posthouwer, Corporate Law,Palgrave 1st edition 2012 Redmond, P., Companies and Securities Law - Commentary and Materials, Law Book Co., Sydney, 5th, 2009. Tomasic,R.,Jackson,J.,Woellner,R., Corporations Law - Principles, Policy and Process 4th Edition Butterworths., Sydney, 2002.